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FIUUICII 4.1. The demand functions for a firms domestic and foreign markets are P1 = 300 - 504 P2 = 350 - 7Q2 and the total


7 of 9 re: 0 of 10 pts Problem 4.7.3 The demand functions for a firms domestic and foreign markets are P = 300 - 50 Py = 350
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P = 300-501 -) 59,= 300-pl - Q1 = 300 - I bi =) Q = GO- 0.2 bi P2 = 350-792 => 792= 350 - 12 >> 8. - 350 - LR Q2 = 50 - Il Q&= 100 - 12 P TR= P. Q - 100p- 12 p2 35 MR = 100- 24 p 35 equilibrium condition where mR=mc. mc = 10 dTC - 10 da =) MR= mc 10

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